Anthony Chan Quotes

[Consumer prices] are really what you have to worry about... In the consumer price index, there seems to be some extreme resiliency on the service side, which is much larger than the goods side. There's no deflation on the service side.

- Anthony Chan

Tags

Consumer | Prices | Worry | Price | Index |

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This provides a big shot in the arm to the notion that geopolitical concerns were holding back the economy. Otherwise we wouldn't have seen such a big pop. This probably exaggerates how excited consumers will be after all is said and done, but it gets the direction right. - Anthony Chan

There's always that danger that the Fed gets impatient here... But I think that most of the Fed governors today feel that gradualism is the best policy, because if they err on the side of doing too much, the price of being wrong is not so high. - Anthony Chan

But what we've seen is if you hit the economy over the head enough times with higher energy prices and short-term interest rate hikes, it reacts. - Anthony Chan